Navi Mumbai Airport Ready for Takeoff: Prime Minister Narendra Modi is all set to inaugurate the state-of-the-art Navi Mumbai International Airport on Wednesday, October 8. The airport is a public–private partnership (PPP) between Mumbai International Airport Limited (a subsidiary of Adani Airports Holdings Limited), which holds a 74 per cent stake, and CIDCO (Maharashtra Urban and Industrial Development Corporation Limited), which holds a 26 per cent stake.
Navi Mumbai Airport, which recently received its aerodrome licence from the Directorate General of Civil Aviation (DGCA), will be Mumbai’s second international airport after Chhatrapati Shivaji Maharaj International Airport.
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Moreover, the Navi Mumbai International Airport is twice the size of Chhatrapati Shivaji Maharaj International Airport, as it is spread over 1,160 hectares and is being developed in several phases.
Once completed, the airport will scale up to serve 90 million passengers and manage over 3.2 million metric tonnes (MMT) of cargo every year.